⚡ Build the skills to land top-paying quant jobs. Offer ends in --d --h --m --s-- days -- hours -- minutes -- seconds.
⚡ Build the skills to land top-paying quant jobs. Offer ends in 2d 08h 54m 40s2 days 8 hours 54 minutes 40 seconds.
You have ten independent fair six-sided dice.
Roll all ten and let be the sum.
• If is a multiple of 7, you receive .
• Otherwise you receive nothing.
• The game costs to play.
Subproblem A
Should a risk-neutral player play this game?
Subproblem B
Instead of computing the probabilities of every exact possible sum, solve the problem by tracking only information about the running sum modulo 7.
In particular, reduce the state description to whether the current sum is a multiple of 7 or is not a multiple of 7.